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3108 Shanks Lane

Knoxville, TN 37938
  • $367,500
  • STATUS: Active
  • ON SITE: 158 Days
  • ID#: 1314616
UPDATED: 165 min ago
$367,500
  • 2
    BEDS
  • 1.5
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,824
    SQFT
  • $201
    $/SQFT
Type:
Single-Family Home
Built:
2008
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Welcome to 3108 Shanks Lane Knoxville, TN 37938 - a unique income-producing property offering versatility and an incredible county setting. Whether you're looking to invest in a rental property or need multi-functional home, this property is the perfect fit. Main House: The main house features an expansive, open floor plan that seamlessly blends the kitchen, living room, and dining area. French doors that open the entire living space to the covered wrap around porch area. This layout extends the areas for that perfect indoor/outdoor entertaining feature, The open layout creates an airy, flowing atmosphere, combining indoor and outdoor living. Whether hosting family gatherings or enjoying quiet evenings, this space provides the ideal setting for both. On the main floor, you'll find 2 bedrooms and 2 bathrooms, including a master suite that offers privacy and comfort. The laundry room is conveniently located on this floor, Downstairs: The lower level is accessible through separate exterior doors below, providing added privacy. On the right side, you'll find a fully functional Mother-in-Law suite with its own bedroom, bathroom, storage closet, and open-concept kitchen, living, and dining space. This space is perfect for extended family or can be rented out for additional income. This area has its own exterior access through the garage, making it ideal for tenants or additional family members. Exterior and Garage: On the left side. The property includes a 2-car garage and a long driveway with circle drive access that can easily accommodate up to four cars or more. This is perfect for hosting guests or entertaining. The property is shaded by mature trees, offers a peaceful and private environment. Income-Producing Potential: With separate living spaces and exterior entrances, this property offers excellent income potential. The main house and Mother-in-Law suite can be rented out individually, providing streams of rental income. The layout also makes it ideal for multi-generational living, offering privacy and independence for each occupant. Don't miss out on the opportunity to own this versatile, income-producing property. Schedule a showing today and see all the possibilities it has to offer!

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© 2026 East Tennessee REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to HPG Horner Property Group | Realty Executives. Information is deemed reliable but is not guaranteed accurate by the MLS or HPG Horner Property Group | Realty Executives. Data last updated: 2026-02-13T23:47:44.323.
www.detailsatyourhomesoldguaranteedtn.com/homes/167699649
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3108 Shanks Lane Knoxville, TN 37938

  • Price: $367,500
  • Status: Active
  • On Site: 158 Days
  • Updated: 165 min ago
  • ID#: 1314616
2
Beds
3
Baths
0
½ Baths
1.5
Acres
1,824
SQFT
$201
$/SQFT
2008
Built
Neighborhood:
Bill England & William Buchanan Property
County:
Knox
Area:
Knoxville
Elementary School:
Copper Ridge
Middle School:
Halls
High School:
Halls
Property Description
Welcome to 3108 Shanks Lane Knoxville, TN 37938 - a unique income-producing property offering versatility and an incredible county setting. Whether you're looking to invest in a rental property or need multi-functional home, this property is the perfect fit. Main House: The main house features an expansive, open floor plan that seamlessly blends the kitchen, living room, and dining area. French doors that open the entire living space to the covered wrap around porch area. This layout extends the areas for that perfect indoor/outdoor entertaining feature, The open layout creates an airy, flowing atmosphere, combining indoor and outdoor living. Whether hosting family gatherings or enjoying quiet evenings, this space provides the ideal setting for both. On the main floor, you'll find 2 bedrooms and 2 bathrooms, including a master suite that offers privacy and comfort. The laundry room is conveniently located on this floor, Downstairs: The lower level is accessible through separate exterior doors below, providing added privacy. On the right side, you'll find a fully functional Mother-in-Law suite with its own bedroom, bathroom, storage closet, and open-concept kitchen, living, and dining space. This space is perfect for extended family or can be rented out for additional income. This area has its own exterior access through the garage, making it ideal for tenants or additional family members. Exterior and Garage: On the left side. The property includes a 2-car garage and a long driveway with circle drive access that can easily accommodate up to four cars or more. This is perfect for hosting guests or entertaining. The property is shaded by mature trees, offers a peaceful and private environment. Income-Producing Potential: With separate living spaces and exterior entrances, this property offers excellent income potential. The main house and Mother-in-Law suite can be rented out individually, providing streams of rental income. The layout also makes it ideal for multi-generational living, offering privacy and independence for each occupant. Don't miss out on the opportunity to own this versatile, income-producing property. Schedule a showing today and see all the possibilities it has to offer!
Exterior Features

Architectural Style Traditional Attached Garage YN No Exterior Features Windows - Vinyl Garage Parking Basement Yes Garage Parking Garage Door Opener Yes Garage Parking Garage Spaces 2 Garage Parking Off Street Parking Yes Parking Features Garage Faces SideOff-Street ParkingGarage Door OpenerBasementOther

Interior Features

Addl Living Quarter Yes Appliances DishwasherDisposalMicrowaveRangeRefrigerator Basement WalkoutPartially FinishedSlabOtherOutside Entr Only Bedroom Main Level Yes Bonus Room No Cooling Central CoolingCeiling Fan(s) Fireplace Features None Fireplace YN No Fireplaces Total 0 Flooring LaminateCarpetTile Heating CentralCeilingElectric Interior Features Walk-In Closet(s)Kitchen IslandBreakfast BarEat-in Kitchen Misc Features Island In Kitchen Yes Misc Features Walkin Closets Yes Misc Features Washer Dryer Connect Yes Misc Features Wired For Internet Yes Mstr Bdrm Main Level Yes Rooms Total 8 Workshop Yes

Property Features

Association Amenities [] Association Fee Includes [] Auction YN No Community Features [] Construction Materials Vinyl SidingBrickBlock Dining Area Eat In Kitchen Yes Dining Area Kitchen Dining Rm Co Yes Dining Area Living Rm Dining Rm Yes Extra Storage Yes Frontage Type [] Fuel Electric Yes HOA No Listing Terms [] Lot Features WoodedRolling Slope New Financing Cash Yes New Financing Conventional Yes New Financing FHA Yes New Financing VALoan Yes Occupancy Permanent Residence Other Structures [] Property Attached YN No Property Status N/A Property Sub Type Single Family Residence Restrictions No Security Features [] Sewer Septic Tank Site Built Yes Type Basement Ranch Utilities [] View Country SettingWooded Water Source Public Wooded Lot Yes

Listing information © 2026 East Tennessee REALTORS®.
Listing provided courtesy of Sail Away Homes & Land: 865-717-7245.


© 2026 East Tennessee REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to HPG Horner Property Group | Realty Executives. Information is deemed reliable but is not guaranteed accurate by the MLS or HPG Horner Property Group | Realty Executives. Data last updated: 2026-02-13T23:47:44.323.
 
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HPG Horner Property Group | Realty Executives
10255 Kingston Pike
Knoxville TN, 37922